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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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523 Wahoo Rd , Panama City, FL 32408
$1,070,000
Est. Payment: $5,911.60/mo
4 Bed
3 Bath
2820 Sqft
0.23 Acres
Status: Active Under Contract | Days on site: 109
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HNR1 - B12524,B11805,BNONA
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Harrison Lilly Team
Owner/Operator

House Description

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACK UP OFFERS Canal-front living with direct Gulf access defines this exceptional home at 523 Wahoo Road in the gated Bay Point community of Panama City Beach. Set along a wide canal in one of the area's most established marina neighborhoods, this 4-bedroom, 3-bath residence offers approximately 2,820 square feet of thoughtfully designed coastal living with effortless boating convenience. The main living areas are oriented to showcase tranquil water views, with large windows and easy flow to the outdoor spaces. A spacious, open design connects both living rooms, the dining area, and the kitchen, creating an inviting layout ideal for everyday living and entertaining. Distinctive sunken living rooms add architectural character and warmth, providing comfortable gathering spaces with timeless appeal. The kitchen features generous counter space, abundant cabinetry, and a functional layout suited for everything from casual mornings to hosting family and guests. The privately situated primary suite captures canal views and offers ample closet space and an en suite bath designed for comfort and privacy. Three additional bedrooms and two full baths provide flexibility for guests, a home office, or additional living space, making this property well suited as either a primary residence or a coastal second home. Outdoor living is central to the appeal of this canal-front property. With direct access to the Gulf of Mexico, it is ideal for boating, fishing, and exploring the surrounding waterways. The waterfront setting offers room to relax, dine, and enjoy the peaceful canal views throughout the year. Located within Bay Point, a gated marina and golf community in Panama City Beach, residents benefit from controlled access, optional golf and tennis, nearby dining, and convenient proximity to local beaches, marinas, and area amenities. This combination of secure, established neighborhood setting and direct boating access to the Gulf makes 523 Wahoo Road a rare opportunity for spacious canal-front living in one of Panama City Beach's most desirable coastal communities.

Highlights

Listed by Jennifer L Drew , 850-358-3892 and Kelly P Jenkins , 850-714-7020 Corcoran Reverie , 850-231-5030. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.23

HOA Fee

1900 Annually

Year Built

1980

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Bay Point Unit 1

Listing ID

790307

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Bar Fridge, Electric Cooktop
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:Gas
Other:
  • ▪ Additional:Double Vanity, Interior Steps, Main Level Primary, Sauna, Walk-In Closet(s)

Exterior Features

Lot Dimensions:80x125
Zoning:Resid Single Family
Roof:Composition,Shingle
Others:
  • ▪ Additional:Barbecue, Covered Patio, Deck, Dock, Patio, Fire Pit
Sewer:Public Sewer
Parking Features:Circular Driveway,Gated
Principal Interest
$5,912
Taxes
$322
HOA
$1,900

Home Price

$1,070,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$214,000
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Monthly Price:
$5,911.60

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,911.60 $322.33 $1,900.00 $8,133.93
Yearly $70,939.15 $3,868.00 $22,800.00 $97,607.15
Total $2,128,174.52 $116,040.00 $684,000.00 $2,928,214.52

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS